PHOENIX MILL Announces Quarterly Results (4QFY19); Net Profit Up 163.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

PHOENIX MILL Announces Quarterly Results (4QFY19); Net Profit Up 163.3%
Fri, 17 May

PHOENIX MILL has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

PHOENIX MILL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m4,3664,4047,23264.2%65.6%
Other incomeRs m14517032993.8%126.9%
TurnoverRs m4,5114,5747,56165.3%67.6%
ExpensesRs m2,2052,1803,46158.8%57.0%
Gross profitRs m2,2482,2254,25291.1%89.2%
DepreciationRs m513523514-1.7%0.2%
InterestRs m836917826-9.9%-1.2%
Profit before taxRs m1,0449553,242239.5%210.5%
TaxRs m7175510191.5%7465.9%
Profit after taxRs m1,0377802,732250.3%163.3%
Gross profit margin%51.550.558.8
Effective tax rate%0.618.315.7
Net profit margin%23.017.136.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 65.6% on a year-on-year (YoY) basis. The expenses were up by 57.0% YoY during the same period.
  • The company's operating profit increased by 89.2% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 58.8% in 4QFY19 as against 51.5% in 4QFY18.
  • Depreciation charges increased by 0.2% and finance costs declined by 1.2% YoY, respectively.
  • Other income increased by 126.9% YoY during the quarter.
  • Net profit for the quarter increased by 163.3% YoY. Net profit margins during the quarter increased from 23.0% in 4QFY18 to 36.1% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 64.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 58.8% QoQ during the same period.
  • The company's operating profit increased by 91.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 58.8% in 4QFY19 as against 50.5% in 3QFY18.
  • Net profit for the quarter increased by 250.3% QoQ, while net profit margins increased from 17.1% in 3QFY18 to 36.1% in 4QFY19.

To see how PHOENIX MILL has performed over the last eight quarters, please visit here.

PHOENIX MILL Share Price Performance

Over the last one year, PHOENIX MILL share price has moved up from Rs 683.5 to Rs 613.2, registering a Loss of Rs 70.3 or around 10.3%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,966.4 (up 0.6%). Over the last one year it has moved down from 2,334.7 to 1,966.4, a gain of 368 points (down 15.8%).

Overall, the S&P BSE SENSEX is up 6.2% over the year.

Current Valuations

At the current price of Rs 613.2, the price to earnings (P/E) ratio of PHOENIX MILL stands at 18.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.1 times.

Equitymaster requests your view! Post a comment on "PHOENIX MILL Announces Quarterly Results (4QFY19); Net Profit Up 163.3%". Click here!

  

Related Views on News

PHOENIX MILL Announces Quarterly Results (1QFY20); Net Profit Up 127.5% (Quarterly Result Update)

Aug 8, 2019 | Updated on Aug 8, 2019

For the quarter ended June 2019, PHOENIX MILL has posted a net profit of Rs 1 bn (up 127.5% YoY). Sales on the other hand came in at Rs 6 bn (up 48.9% YoY). Read on for a complete analysis of PHOENIX MILL's quarterly results.

PHOENIX MILL Announces Quarterly Results (3QFY19); Net Profit Up 11.8% (Quarterly Result Update)

Feb 12, 2019 | Updated on Feb 12, 2019

For the quarter ended December 2018, PHOENIX MILL has posted a net profit of Rs 780 m (up 11.8% YoY). Sales on the other hand came in at Rs 4 bn (up 5.7% YoY). Read on for a complete analysis of PHOENIX MILL's quarterly results.

PHOENIX MILL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of PHOENIX MILL for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of PHOENIX MILL. Also includes updates on the valuation of PHOENIX MILL.

IRCON International IPO: Is This PSU Worth Betting On? (IPO)

Sep 17, 2018

Should you subscribe to the IPO of IRCON International Ltd?

More Views on News

Most Popular

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

The Best Trading Strategy for Fast Profits

Nov 29, 2019

Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.

This PSU Turned into a Rare 100 Bagger. Others May Follow.(The 5 Minute Wrapup)

Nov 27, 2019

The lowest hanging fruit for government to raise capital would be to sell off stakes in non-critical PSUs.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

PHOENIX MILL SHARE PRICE


Dec 10, 2019 (Close)

TRACK PHOENIX MILL

  • Track your investment in PHOENIX MILL with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

PHOENIX MILL 8-QTR ANALYSIS

COMPARE PHOENIX MILL WITH

MARKET STATS